Form 4 for MAGN Magnera Corp
Accepted 2024-02-21 00:00:00 ET · period of report 2024-02-18 · accession 0001127602-24-005927 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-02-21 | 2024-02-18 | MAGN | ELDER DAVID C | CAO, Vice Pres, Fin | M - OptEx | $2.19 | +2,455 | 99.6K | +3% | +$5,376 |
| D | 2024-02-21 | 2024-02-18 | MAGN | ELDER DAVID C | CAO, Vice Pres, Fin | F - Tax | $2.19 | -833 | 98.8K | -0.8% | -$1,824 |
| D | 2024-02-21 | 2024-02-18 | MAGN | ELDER DAVID C | CAO, Vice Pres, Fin | A - Grant | — | +83 | 4,828 | +2% | — |
| D | 2024-02-21 | 2024-02-18 | MAGN | ELDER DAVID C | CAO, Vice Pres, Fin | M - OptEx | $0.00 | -2,455 | 2,373 | -51% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, Par Value $.01 | 2024-02-18 | M | A | 2,455 | $2.19 | 99,603 | D | — | — | (F1) Because the payout occurred on a Sunday, February 18, 2024, the value of the shares was determined using the closing price of the previous business day Friday, February 16, 2024. |
| 2 | Common | Common Stock, Par Value $.01 | 2024-02-18 | F | D | 833 | $2.19 | 98,770 | D | — | — | (F2) These shares are being withheld to satisfy tax obligations. |
| 3 | Derivative | Restricted Stock Units | 2024-02-18 | A | A | 83 | — | 4,828 | D | — · 2024-02-18 to 2025-02-18 | 83 Common Stock, Par Value $.01 | (F4) These are dividend equivalents in the form of additional Restricted Stock Units ("RSUs") that have accrued on the 2/18/2022 SET RSU Grant reported previously. The dividend equivalents are added to the initial grant at the time of payout. (F6) Not applicable to this transaction. (F3) Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date. (F5) This RSU grant vesting on 2/18/2024 is the second one-third vesting of the SET RSU 2/18/2022 Grant. The final one-third vests, and all restrictions lapse, on 2/18/2025. |
| 4 | Derivative | Restricted Stock Units | 2024-02-18 | M | D | 2,455 | $0.00 | 2,373 | D | — · 2024-02-18 to 2025-02-18 | 2,455 Common Stock, Par Value $.01 | (F3) Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date. (F5) This RSU grant vesting on 2/18/2024 is the second one-third vesting of the SET RSU 2/18/2022 Grant. The final one-third vests, and all restrictions lapse, on 2/18/2025. |